Maybe "old" news for some, new to me after a lovely weekend away, making Tuesday my Monday. I was catching up on what's shaking in the market and yet another lender with issues. American Home Mortgage (ABC is a wholesale arm I've used in the past) is having liquidity issues due to margin calls. I almost went to work for them a couple of years ago. Yikes.
I just spoke with the local ABC office, and she said they were not funding today; but there are positive rumors out there that something is in the works. Rumors nonetheless.